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The average price of gas remains historically expensive around $3.60 per gallon. What you may not realize is that lawmakers in Washington could help alleviate your “pain at the pump” simply by getting out of the way.
In late July, a congressional hearing was held on government-mandated renewable fuel standards (RFS). The consensus among industry analysts and experts was that the RFS policy is driving gasoline prices higher. The policy also is distorting energy markets and imposing economic burdens on millions of Americans in ways that lawmakers never predicted.